The rent prices in real estate in Sun City West, in the Arizona region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Sun City West has had a strong fall during the last 6 months. In May, the average price per sq.feet was $6.4. In June this price barely changed remaining at $6.19 per sq.feet. The price for the following two months in (July, August) had a considerable fall of 85 with regard to the previous two months. The price per sq.feet has had a considerable fall of 23 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $5.82 to $1.33 during September, and October.
When referring to the price in Sun City West (cities), there have hardly been any changes in the last 6 months. In our first sample month during May, the average price is $1,808. In June This price remains at $1,890. During the following two months (July, August) the price has had an average rise from $1,849 to $1,941.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 92 %, going from $1,895.25 to $1,749 in September and October.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $1,767 they are 4 % more affordable than the average price for Sun City West . The properties with the highest average price have 4 bedrooms, Their price is 20 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,822.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1.05 / sq.feet, with an average $1.22 / sq.feet price in Sun City West. The properties with the most expensive average prices have 4 bedrooms. They are 6867 % more expensive than the average followed by properties with 3 bedrooms with a price at $24 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most expensive one. At an cost of $1,767 it is 9 % more expensive than the average price in Sun City West. "Apartment" is seen as the second most expensive property type. The most expensive property type is "House" followed by "Apartment". At a price of $2,097 it is 20 % more expensive than the average price.
According to the average cost per sq.feet, the least affordable property would be "Apartment" at an average price of $80 / sq.feet followed by "House" priced at $85 / sq.feet. "House" is the most expensive type of property with a $85 / sq.feet value followed by "Apartment" with an average price of $80 / sq.feet.